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The Future of Retirement in Sweden (PDF)
Pension Research Council
Sept. 16, 2004 Annika Sundén. Excerpt: In 1998, Sweden transformed its Social Security system into a Notional Defined Contribution (NDC) plan financed on a pay-as-you-go basis paired with a second tier of funded individual accounts. The goal was to move toward a fiscally sustainable system tied to economic growth, with a clear link between contributions and benefits. [WP2004-16] MORE >> |
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